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right now that president obama has indeed called israeli prime minister benjamin netanyahu, as well as egypt's president mohamed morsi ostensibly to discuss ways to get a cease-fire in the middle east. israeli inner cabinet is meeting as we speak. ayman, what is the latest live? gaza? >> reporter: well, there's a flurry of diplomatic activity all across the region. we understand that israel's top security officials known as the inner cabinet that includes the prime minister, the defense minister and other important figures are going to be convening within the hour to have a meeting to discuss possible offers that have been made by egyptian mediators regarding the truce coming out of gaza and their response to those offers coming out of egypt. more importantly, they're also going to chart what course of action the israeli government will undertake if indeed they reject or accept that truce offer. there are 30,000 soldiers that have been amassed across the border, 75,000 called up from the reservists. many people feel that's an ominous sign a ground invasion is eminent if indeed these truce talk
right now that president obama has indeed called israeli prime minister benjamin netanyahu, as well as egypt's president mohamed morsi ostensibly to discuss ways to get a cease-fire in the middle east. israeli inner cabinet is meeting as we speak. ayman, what is the latest live? gaza? >> reporter: well, there's a flurry of diplomatic activity all across the region. we understand that israel's top security officials known as the inner cabinet that includes the prime minister, the defense...
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i'm not a gae owe political expert on places like egypt, but the whole nature of the region 45s chan has changed to some extent. we're dealing with an additional level of uncertainty. that means that whereas previously you would have had someone like egypt as a broke he, they may be more one-sided now and have opinions of their own. we can remain hopeful, but there is that risk. >> charles, thank you very much for joining us here. head of market strategy at lloyds bank wholesale banking and markets. on today's show, we'll have more on on the escalating tensions in the middle east. we'll be live in tel aviv in right around 15 minutes time for a view from the ground. switzerland is where xtrata will have a slowdown tomorrow, we'll find out why bonuses become a key point of contention. and we'll be live in athens to find out if we can finally expect resolution on the country's next tranche of aid this week. and we track a bond making an aggressive bet on recovery. that happens at 11:20 cet. president obama made a his tore rig stop in myanmar. the six hour visit marks the first for a ser
i'm not a gae owe political expert on places like egypt, but the whole nature of the region 45s chan has changed to some extent. we're dealing with an additional level of uncertainty. that means that whereas previously you would have had someone like egypt as a broke he, they may be more one-sided now and have opinions of their own. we can remain hopeful, but there is that risk. >> charles, thank you very much for joining us here. head of market strategy at lloyds bank wholesale banking...
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focusing more on cairo, egypt. that's where intense negotiations are taking place as we understand it. egypt is trying to mediate a truce between palestinian factions and israel. hamas made clear it feels it is in the driver's seat here. it says it will not lay down its arms or stop firing rockets until israel blocks on the territory. it is securing guarantees from israel lit not target hamas or any other palestinian leaders as it did on wednesday p when it killed senior member of hamas' military wing. the israelis say that it is in the driver's seat. it would not stop its aerial assault and not stop possible ground invasion unless hamas halts all rocket fire into southern israel. obviously you can imagine difficult road ahead. right now egypt is meeting with other key players in the region. including the prime minister of turkey, u.n. secretary general moon as well as the prime minister. intense negotiations to avert a ground war in the coming day. >> entire world watching. thank you very much. >>> when we come ba
focusing more on cairo, egypt. that's where intense negotiations are taking place as we understand it. egypt is trying to mediate a truce between palestinian factions and israel. hamas made clear it feels it is in the driver's seat here. it says it will not lay down its arms or stop firing rockets until israel blocks on the territory. it is securing guarantees from israel lit not target hamas or any other palestinian leaders as it did on wednesday p when it killed senior member of hamas'...
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the other thing that's so different this time around is the role of egypt is completely different because the arab spring has happened. we used to kind of know where -- we knew exactly where hose any mubarak stood. >> are they a mediator? an instigator? >> i don't think they know. >> they're trying to figure out their role. i'm not trying to minimize what's going on but i think traders are using this as an excuse to bid oil prices higher. we're not at a point we're seeing evidence that you can see a cut-off in oil supplies, especially for new york oil. >> that's ultimately the question. will there be a disruption? what series of events would occur to stop the flow of oil? >> suez canal, wherever it is, we're not there yet but trading it up just in case -- >> it ignites something wider. >> our own oil market in new york trades more on our economic fundamentals and tends to follow brent, not the other way around these days. brent's been going higher. >> london brent is far more influenced than by what's going on in texas. >> you bet it is. as the oil market goes, lately, the stock market ha
the other thing that's so different this time around is the role of egypt is completely different because the arab spring has happened. we used to kind of know where -- we knew exactly where hose any mubarak stood. >> are they a mediator? an instigator? >> i don't think they know. >> they're trying to figure out their role. i'm not trying to minimize what's going on but i think traders are using this as an excuse to bid oil prices higher. we're not at a point we're seeing...
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that's the same group that took power in egypt and the group that gave birth to hamas. jordan is still ruled by king abdullah. the muslim brotherhood has made it clear they'd like him to go. >>> we got a nice rally under way here, bertha. >> nasdaq 100, qqqs are the best performers today and among the best advancers is green mountain coffee. of course this is a huge short position. some 39%. this looks a little bit like a technical rally here. the company's stock has moved above its 50-day moving average. it's been just below that over the last couple of weeks and about $1 above that now. >>> red states versus blue states. is your town a state about to fall off the fiscal cliff? steve leisman has the maps that will show us which states and counties stand to get hit the hardest by potential federal spending cuts. everything is bigger in texas. including the strategy for taking down this building. we'll show you what happened when the engineers pushed the plunger. that's next. >>> if congress drifts u.s. economy off the fiscal cliff, the department of education's 2013 bud
that's the same group that took power in egypt and the group that gave birth to hamas. jordan is still ruled by king abdullah. the muslim brotherhood has made it clear they'd like him to go. >>> we got a nice rally under way here, bertha. >> nasdaq 100, qqqs are the best performers today and among the best advancers is green mountain coffee. of course this is a huge short position. some 39%. this looks a little bit like a technical rally here. the company's stock has moved above...
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>> yeah, i mean, well, the only good thing is there's no oil in gaza, egypt or israel really. steve is saying if it's a conflagration in the entire mideast, obviously we're not energy independent yet, trying to get there. i don't think it's going to get that far. i think they're testing the political waters here and seeing how we position ourselves. >> the other issue that keeps rising for the markets is what's happening in europe. we have seen today that cypress is on the verge of running out of money. we've seen it with greece and we think at least the market collectively seems to think things have improved to the point where we are giving this breathing room. the problem is there even if the european central bank bought some time. steve why has it sat on the backburner so long? >> all they do is buy time and for the first time since the 1930s, all of these countries, most of them are raising taxes in the face of a declining economy, which is insign. japanese are doing the same thing. you know it's happening in france, 75% tax rate piling on taxes on business, capital gains,
>> yeah, i mean, well, the only good thing is there's no oil in gaza, egypt or israel really. steve is saying if it's a conflagration in the entire mideast, obviously we're not energy independent yet, trying to get there. i don't think it's going to get that far. i think they're testing the political waters here and seeing how we position ourselves. >> the other issue that keeps rising for the markets is what's happening in europe. we have seen today that cypress is on the verge of...
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meanwhile, egypt and president mohamed morsi say discussions are under way in cairo and arab league foreign ministers are set to visit gaza on tuesday. violence has become a daily nightmare for people living in gaza. anderson cooper joins us now. take us to the ground and what's going on. what you seeing and hearing? >> it's about 2:00 a.m. here. we have heard a number of large explosions this evening. just a few in the last hour or so. this is generally the time when the strikes actually intensify. that's what we have seen over the last several nights. you can hear drones circling overhead, over gaza city as they have been since the conflict began. it's a constant sound, a constant reminder of the israeli forces watching the city. as you mentioned there was a strike. the israeli military said was a house owned by a hamas commander of an artillerary unit, initially, they said they killed that commander and then walked that back and said they couldn't be clear if he was at the house at the time. ten members of another family were staying at the house. they were all killed. our arwa damon was
meanwhile, egypt and president mohamed morsi say discussions are under way in cairo and arab league foreign ministers are set to visit gaza on tuesday. violence has become a daily nightmare for people living in gaza. anderson cooper joins us now. take us to the ground and what's going on. what you seeing and hearing? >> it's about 2:00 a.m. here. we have heard a number of large explosions this evening. just a few in the last hour or so. this is generally the time when the strikes actually...
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meanwhile, egypt and president hoe ma'am head morsi says discussions are under way in cairo and arab league foreign ministers will visit on tuesday. >>> after a marathon stay in space, williams handed over command of the international space station yesterday after the calling it home for the last four months. she landed in kazakhstan tonight along with astronauts from japan and russia. president barack obama monitoring the conflict in the middle east as he travels through asia. today in thailand, he said the u.s. is working with all parties to end violence. he made history becoming the first u.s. president to visit myanmar. the president wraps up his three-nation asian tour with a stop in cambodia. >>> state department updating hugh it deploys security for diplomatic facilities around the globe now. secretary of state hillary clinton and the defense department will monitor where forces are deployed so they can travel to help during emergencies, if needed. the change comes amid congressional hearings over how the obama administration handled security crisis in benghazi, libya. i'm don
meanwhile, egypt and president hoe ma'am head morsi says discussions are under way in cairo and arab league foreign ministers will visit on tuesday. >>> after a marathon stay in space, williams handed over command of the international space station yesterday after the calling it home for the last four months. she landed in kazakhstan tonight along with astronauts from japan and russia. president barack obama monitoring the conflict in the middle east as he travels through asia. today...
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he is speak together leaders of egypt. he is hoping that the government of qatar, turkey, that they can convince them to stop with the rockets and hopefully they can have an effort to achieve a long range solution. that's going to be very, very difficult as all of us know. but the prime minister ofgen he forces have been activated, they are in training exercises, not far from gaza and they will go in as brutal and ugly as that might, they don't want to do that because it'll cause an enormous amount of pain. israelis had a poor experience under gaza four years ago. and again with hezbollah forces. they don't want to do that but the prime minister feels he has no choice. the next 42 hours will be critical and i say there is a 50/50 chance after diplomatic cease-fire. >> wolf blitzer, thank you. >>> be sure to join wolf blitzer monday, 4:00 p.m. eastern, for "the situation room," a special edition live from jerusalem. >>> a peace effort under way it stop the violence. egypt working to reinstate a cease-fire. deputy general wi
he is speak together leaders of egypt. he is hoping that the government of qatar, turkey, that they can convince them to stop with the rockets and hopefully they can have an effort to achieve a long range solution. that's going to be very, very difficult as all of us know. but the prime minister ofgen he forces have been activated, they are in training exercises, not far from gaza and they will go in as brutal and ugly as that might, they don't want to do that because it'll cause an enormous...
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that's egypt. while the air assault continues in gaza, while the violence increases, what increased here is the anger by egyptians who want egypt and the government to step up and intervene. >> the people have changed. we have changed and we're not going to take that -- we're not going to wait for the government. we're going to take things in our hands and we're going to lead the government into certain position that is required for egypt. >> reporter: there is roughly 500 protesters here. they made a seven-hour journey from cairo. now they lined up down the street. each of them are showing their identifications to security forces and then heading into gaza. we have asked them when do you think you'll come back? they say, we don't know. we're just happy we're going in. are you scared? >> yeah, i mean, absolutely i'm scared. you hear bombs. you don't know what you're going in there for, but i think that's -- i think that's what we got to do. you have to be scared and overcome that fear by going in t
that's egypt. while the air assault continues in gaza, while the violence increases, what increased here is the anger by egyptians who want egypt and the government to step up and intervene. >> the people have changed. we have changed and we're not going to take that -- we're not going to wait for the government. we're going to take things in our hands and we're going to lead the government into certain position that is required for egypt. >> reporter: there is roughly 500...
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that's egypt. while the air assault continues in gaza, violence increases, when's increased here is the anger by egyptians who want egypt and the government to step up and intervene. >> the people have changed. we have changed and we are not going to take that for -- we are not going to wait for the government to move. we'll take things in our hand and going to lead the government in to certain position that is required for egypt. >> reporter: roughly 500 protesters here. they have made a seven-hour journey of cairo and lined up down the street. each of them are showing their identifications to security forces and then heading in to gaza. we have asked them, when do you think they you'll come back? we don't know. we're happy to be going in. are you scared? >> yeah. i mean, absolutely i'm scared. you hear bombs. you don't know what you're going in there for but i think that's -- i think that's what we have to do. you have to be scared and overcome that fear going in there. >> reporter: as more demon
that's egypt. while the air assault continues in gaza, violence increases, when's increased here is the anger by egyptians who want egypt and the government to step up and intervene. >> the people have changed. we have changed and we are not going to take that for -- we are not going to wait for the government to move. we'll take things in our hand and going to lead the government in to certain position that is required for egypt. >> reporter: roughly 500 protesters here. they have...
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they're in egypt right now. both sides. they're not talking to one another. they're talking about this. >> there is a reminder -- we've been several years without any meaningful mideast peace process between the israelis and the palestinians. this is is a reminder that that is a not a cost free option. drift has cost in the sense of creating heightening tensions which come to this kind of flash point every few years. >> there is an interesting policy which has been taking place over the last few years which is having an impact. the iron dome. protecting israeli citizens in these cities from being hit by the incoming rockets. it may change israel's negotiating stance and make them slower to move ground troops into gaza. >> we have to continue crippling sanctions the congress pushed and the obama administration has
they're in egypt right now. both sides. they're not talking to one another. they're talking about this. >> there is a reminder -- we've been several years without any meaningful mideast peace process between the israelis and the palestinians. this is is a reminder that that is a not a cost free option. drift has cost in the sense of creating heightening tensions which come to this kind of flash point every few years. >> there is an interesting policy which has been taking place over...
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now we're seeing that egypt is continuing to play that role. obviously in public israel has a much different stance than -- i'm sorry, egypt has a much different stance. officials have come to gaza. they have publicly said they're standing shoulder to shoulder with hamas and the palestinian people. they've called israel's action acts of aggression, they've called on it to stop, but they are also playing a very significant role and they are the key brokers now with israel, and as far as we know, they've been sitting face to face with an israeli envoy to hammer out a cease-fire which includes hamas and all the other players in this region. so the u.s. appears to be quite satisfied with what egypt is doing. u.s. has said they don't want to see a ground war while constantly saying that they obviously support israel's right to self-defense. >> and christiane what about the palestinians on the west bank not aligned with hamas. what is the palestinian government saying there? >> reporter: well, you know, again, this whole situation is such an almighty
now we're seeing that egypt is continuing to play that role. obviously in public israel has a much different stance than -- i'm sorry, egypt has a much different stance. officials have come to gaza. they have publicly said they're standing shoulder to shoulder with hamas and the palestinian people. they've called israel's action acts of aggression, they've called on it to stop, but they are also playing a very significant role and they are the key brokers now with israel, and as far as we know,...
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egypt is the main broker. egypt is also in contact with the united states. also, there is turkey's involvement, qatar's involvement, the head of the hamas political wing is also involved. in temz of creating with israel, egypt is the main broker. we understand it has not been confirmed for us that an israeli envoy is at the table or at least has been and is involved in these talks, but the impression we're getting from the israeli side is that they're obviously involved in the negotiations and each side is looking very closely at what the other is proposing. has each side sent enough of a message that they can say, okay, this is it. we've sent our message. we want this and that, and now is the time to get off the military ramp? we'll see. >> you've covered this. when you take a look at this situation on the ground and you realize the israeli government is calling up 75,000 reservists, massing tens of thousands of troops and tanks near the border at the palestinian territory, what does this say to you in terms of a ground invasion? does it seem inevitable? wh
egypt is the main broker. egypt is also in contact with the united states. also, there is turkey's involvement, qatar's involvement, the head of the hamas political wing is also involved. in temz of creating with israel, egypt is the main broker. we understand it has not been confirmed for us that an israeli envoy is at the table or at least has been and is involved in these talks, but the impression we're getting from the israeli side is that they're obviously involved in the negotiations and...
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officials in egypt right now. egypt is trying to broker a cease-fire agreement with hamas. hamas seems not to be budging. so explain to us like if you're the egyptian president, what are you saying to the leader of hamas? >> the egyptians are in a very difficult situation because on the one hand mohamed morsi, the president of egypt, the muslim brotherhood, in part made its name by outright support for hamas for a radical brand of palestinian nationalism not the more moderate brand of fatah on the west bank. yet the egyptians cannot afford a situation where the united states walks away from its military aid. the egyptians have placed themselves into the center of this extraordinary drama. they're trying to work out a cease-fire. they've been working with the turkish prime minister, prime minister erdogan, the leadership of qatar, and now the u.n. chief ban ki-moon, secretary-general of the united nations, is going to be in egypt today. the sides are very far apart. it doesn't a cease-fire is imminent. but the egyptians have to work for one. they don't want to see a further
officials in egypt right now. egypt is trying to broker a cease-fire agreement with hamas. hamas seems not to be budging. so explain to us like if you're the egyptian president, what are you saying to the leader of hamas? >> the egyptians are in a very difficult situation because on the one hand mohamed morsi, the president of egypt, the muslim brotherhood, in part made its name by outright support for hamas for a radical brand of palestinian nationalism not the more moderate brand of...
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he's speaking with the leaders of egypt. he's hoping that the government of qatar, of turkey, all of whom have good relations with hamas in gaza, that they can convince hamas to stop the launching of these rockets and missiles into israel. if they stop the israelis will stop their strikes against them and then they can begin, hopefully down the road, to achieve some long range solution that's going to be very, very difficult, as all of us know. but the prime minister of israel, benjamin netanyahu, convened his cabinet here in jerusalem today. he made it clear in a public statement that if the rockets keep coming in, the israelis have already stood on standby 75,000 ground forces, reservists, 30,000 of them already have been activated during training exercises not far from gaza. and they'll go in, as brutal and as ugly and as horrendous as that might be. they might go in. they don't want to do that because it will cause an enormous amount of pain all around and the israelis have had a relatively poor experience in gaza four y
he's speaking with the leaders of egypt. he's hoping that the government of qatar, of turkey, all of whom have good relations with hamas in gaza, that they can convince hamas to stop the launching of these rockets and missiles into israel. if they stop the israelis will stop their strikes against them and then they can begin, hopefully down the road, to achieve some long range solution that's going to be very, very difficult, as all of us know. but the prime minister of israel, benjamin...
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representatives of the two sides are in egypt for cease-fire talks. but they are not talking directly to each other. hamas making a public demand for a truce. fredrick plight begin live from israel. good morning, israel doesn't seem to be giving in on its side either saying that gaza needs to stop the attacks first as a negotiating starting point. what's the latest? >> certainly the attacks don't seem to be stopping. i'm quite close to the gaza stripe and just in the past couple of hours we've had two rocket alarms go off in the city. that is a signal for us to then take cover. if you're not in the vicinity of any buildings to hit the deck. also in other israeli towns throughout the area, there have been some rockets picked off by missile interceptor systems. so it does not look as though the violence is abating. one thing i will say, throughout the night it seems as though it was a little more quiet than in the past nights. however this morning there have been more rocket attacks. that is something that continues to take its toll on israeli civilians
representatives of the two sides are in egypt for cease-fire talks. but they are not talking directly to each other. hamas making a public demand for a truce. fredrick plight begin live from israel. good morning, israel doesn't seem to be giving in on its side either saying that gaza needs to stop the attacks first as a negotiating starting point. what's the latest? >> certainly the attacks don't seem to be stopping. i'm quite close to the gaza stripe and just in the past couple of hours...
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meanwhile, egypt and president mohamed morsi says discussions are under way in cairo and arab league foreign ministers will visit on tuesday. he said the u.s. is working with all parties. mr. obama made history becoming the first u.s. president to visit myanmar. >>> the tri spent most of the past four months aboard the international space station. during the trip williams broke the record for time spent space walking. she clocked 50 hours and 40 minutes. the state department is updating how it deployed security around the globe. forces deployed will be monitored so they can help during emergencies in needed. the change comes over how the obama administration handled the crisis in benghazi. i'm don lemon keeping you informed. and a telepresence room in brazil. the secure cloud helped us get some numbers from my assistant's pc in new york. and before i reached the top, the board meeting became a congrats we sold the company party. wait til my wife's phone hears about this. [ cellphone vibrating ] [ female announcer ] with cisco at the center, working together has never worked so well.
meanwhile, egypt and president mohamed morsi says discussions are under way in cairo and arab league foreign ministers will visit on tuesday. he said the u.s. is working with all parties. mr. obama made history becoming the first u.s. president to visit myanmar. >>> the tri spent most of the past four months aboard the international space station. during the trip williams broke the record for time spent space walking. she clocked 50 hours and 40 minutes. the state department is...
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. >> john: right we know that was the reason for our attack on egypt. we know there were demonstrations throughout the middle east because a tv show has been showing the trailer. did the state department just get bad intel? i'm having a difficulty understanding the right-wing theory of what kind of cover up there could have been. >> we know she basically read when she did her round of sunday talk show appearances the weekend after the attack. we know what that intelligence said at least the unclassified version of it that were given out after the hearings on friday said, and it is exactly what she said on tv but that leads to the question of where that intelligence came from or why the talking points were constructive in that way. >> john: this is where i think it gets confused for conservatives and liberals the talking points came from the cia, right? >> yes but petraeus said the talking points were not representative of everything they knew. >> john: isn't the most likely explanation is they were trying to handle things discretely and between libya an
. >> john: right we know that was the reason for our attack on egypt. we know there were demonstrations throughout the middle east because a tv show has been showing the trailer. did the state department just get bad intel? i'm having a difficulty understanding the right-wing theory of what kind of cover up there could have been. >> we know she basically read when she did her round of sunday talk show appearances the weekend after the attack. we know what that intelligence said at...
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the president of egypt is actually trying to broker a peace deal between hamas and israel. we hear today that the israeli cabinet was voting on a plan with egyptian president lamb. as dangerous as the situation is, i think it at the end of the day, nobody wants a serious war. that is why i think oil traders will think we will pull back it seems like i was more focused today. we took a deep breath as we got through the weekend. i think there is hope that a cease-fire would get back in place. but i think it is tenuous. especially with iran and al qaeda. gerri: katiemac, what do you think? >> i don't think they want a peace agreement until they knock out the rockets. they want the option of a preemptive strike. had they have they retaliate? unleashing 10,000 missiles against israel in a garage they can defend. that is why so important. gerri: where are oil prices going? >> going higher for the rest of the year. especially if we plan for the fiscal cliff. right now the market is going to start focusing more on the value of the dollar currency. the interesting thing is watching
the president of egypt is actually trying to broker a peace deal between hamas and israel. we hear today that the israeli cabinet was voting on a plan with egyptian president lamb. as dangerous as the situation is, i think it at the end of the day, nobody wants a serious war. that is why i think oil traders will think we will pull back it seems like i was more focused today. we took a deep breath as we got through the weekend. i think there is hope that a cease-fire would get back in place. but...
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this is a different egypt now. it will all be about egypt. egypt has a really tight line to walk. if it somehow joins with the muscle burn brotherhood, america will cut them of their aid. i think egypt tries to walk right down the middle. i do not think they get involved dagen: do so with the president and prime minister was saying her in the last week. >> yes. the egyptian president worries that the way he came to power was they got rid of the last dictator. if he does not look sympathetic to the islamic cause and into israel, they will say who needs you. connell: as always, k.t. mcfarland, thank you for coming on. >> thank you. connell: we have some breaking news before we move on. the justice department has filed a lawsuit against ebay. they are saying that the agreement illuminated a significant former competition for the employees. watch ebay today. at the moment, the stock is up $0.56. the state of california had a similar suit against ebay. we will show you what kind of agreement would be acceptable to the business world. dagen: bank regulation putting the big squeeze on sm
this is a different egypt now. it will all be about egypt. egypt has a really tight line to walk. if it somehow joins with the muscle burn brotherhood, america will cut them of their aid. i think egypt tries to walk right down the middle. i do not think they get involved dagen: do so with the president and prime minister was saying her in the last week. >> yes. the egyptian president worries that the way he came to power was they got rid of the last dictator. if he does not look...
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he didn't know how the new president in egypt was going to act. well, it looks like he could be asking for a cease-fire with israel. it does take away from the conflict that will go a lot further. david: i have heard from a lot of traders saying if this were a long-term trend, we would see whale of a percent. it was a healthy bump today, a couple of percentage points. but it would be much higher, we would be in the 100-dollar per barrel range. if this was a wrong turn trend. once this eases because this it settle back into the low '80s. what you say to that? >> absolutely. if we stop this war was going to happen, we would wind up $10 per barrel today. but the odds are right now we are going to have a cease-fire and it's not going to impact oil shipment at all. what we are looking at right now is economic growth. this is a seasonal bottom for the market today. another thing that drives prices is the reports of cold weather hitting europe right now. the gas oil market and the heating oil market, this market was not alone. this was not all about isra
he didn't know how the new president in egypt was going to act. well, it looks like he could be asking for a cease-fire with israel. it does take away from the conflict that will go a lot further. david: i have heard from a lot of traders saying if this were a long-term trend, we would see whale of a percent. it was a healthy bump today, a couple of percentage points. but it would be much higher, we would be in the 100-dollar per barrel range. if this was a wrong turn trend. once this eases...
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israelis are concerned, what would egypt do? we have a muslim brotherhood leader, will he actually actively support hamas or just verbally? also to be seen. melissa: you stay behind all of this iran has a hand in this as well. >> they have been there the last five or six days, there is a consensus amongst analysts that if the iranian regime has been pushing radical, they give them all the support to start showing on israel. they will be retaliating and of course hamas will retaliate. iran is under sanctions, you and i have discussed this for many weeks. i want to pay attention to the israeli conflict. the ally of iran is under tremendous pressure. they want to draw attention to the gaza conflict. melissa: we have to focus on the money angle. what we're looking at right here, we have invested in the iron dome. what does the world think of us investing in that, >. >> the capacity will be invented fast. but of course this costs money. the united states and israel have an agreement by which we ship technology, we send them cash, hav
israelis are concerned, what would egypt do? we have a muslim brotherhood leader, will he actually actively support hamas or just verbally? also to be seen. melissa: you stay behind all of this iran has a hand in this as well. >> they have been there the last five or six days, there is a consensus amongst analysts that if the iranian regime has been pushing radical, they give them all the support to start showing on israel. they will be retaliating and of course hamas will retaliate. iran...
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they're looking for a cease-fire to egypt today. israel began missile strike last week in response to a month of rocket fire from the gaza strip. tensions have libya on the rise as well. it is sitting at a four-week high right now, $89.61, just a shade below $90 per barrel. lori: i wonder that is already priced in or if we have more bullish, it'll be a tough couple of days. stocks are up big. we are keeping an eye on intel, time to step down. we will get investor reaction to that. melissa: in the market for a new computer? will it be a macro pc? and talking about oil, but it is doing very well today. silver the winner on a percentage basis of almost 2.5%. we will be right back. here to weigh in, senior [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market
they're looking for a cease-fire to egypt today. israel began missile strike last week in response to a month of rocket fire from the gaza strip. tensions have libya on the rise as well. it is sitting at a four-week high right now, $89.61, just a shade below $90 per barrel. lori: i wonder that is already priced in or if we have more bullish, it'll be a tough couple of days. stocks are up big. we are keeping an eye on intel, time to step down. we will get investor reaction to that. melissa: in...
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the violence straining israeli relations with egypt. the senate's prime minister, not its promise to the president, prime minister to gaza to show solidarity with the palestinians and to, some say, a broker truce. moments ago men yahoo called president obama to discuss options for the escalating the crisis. that is the latest there. let's return to the "a-team". i had just pose the question, will this president move ahead with the nomination of ambassador rice to be secretary of state? >> senator mccain, others would know how to fight it fighting and filibuster. i think as pesdent, we ought to stop fighting americans and working with other americans and fight the world pbgc was going on in the mideast. the enormous problems we have. the president he's fighting other americans. i think that is a huge mistake in why the country is so polarized. lou: go ahead. >> of the liberal mainstream and also liberal members of congress, they are already laying down the framework for the president to nominate her command they're going to bring female
the violence straining israeli relations with egypt. the senate's prime minister, not its promise to the president, prime minister to gaza to show solidarity with the palestinians and to, some say, a broker truce. moments ago men yahoo called president obama to discuss options for the escalating the crisis. that is the latest there. let's return to the "a-team". i had just pose the question, will this president move ahead with the nomination of ambassador rice to be secretary of...
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egypt within recent days aligning itself with palestinians, but still leading the push to try to end the fighting. reports say an israeli envoy is in cairo for talks to arrange for a truce, but for now, a break through looks distant. the sound now of what is coming. >> people running for their lives, looking for cover. as gaza militants launch dozens of rockets targeting israel's heartland. and just a flavor now of what's been happening night and day, three rockets aimed at tel aviv, the commercial capital of the jewish state. this was not that long ago, coming to the rescue, israel's iron dome missile defense system shooting down both those rockets before they could hit anything. israel also keeping up the pressure, pounding militant targets in gaza. these pictures show a building used by hamas and the sites of a war plane and being wiped out completely by a direct hit. meanwhile, president obama doing some kind of a balancing act now, warning israel about the dangers of expanding its air assault into a ground war, while also defending israel's right to defend itself. his comments d
egypt within recent days aligning itself with palestinians, but still leading the push to try to end the fighting. reports say an israeli envoy is in cairo for talks to arrange for a truce, but for now, a break through looks distant. the sound now of what is coming. >> people running for their lives, looking for cover. as gaza militants launch dozens of rockets targeting israel's heartland. and just a flavor now of what's been happening night and day, three rockets aimed at tel aviv, the...
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there's been a peace treaty between israel and egypt. now the nooyi egyptian leader, he's muslim brotherhood. guest what, his cousins are muslim brotherhood hamas. he has a very narrow line to walk. on the one hand if he looks like he's supporting the muslim brotherhood, hamas going up against israel he has to face the wrath of the united states and the pocketbook of the united states. if he doesn't look like he's supporting them he has his own islamist factions inside egypt who will say who needs i we could have had hosni mubarak for this type of reaction. martha: how is this going to play out? >> it remains to be seen. the israelis have gone through full mobilization, they are ready to om it's a costly thing in time and material and money, so for them to do this on a bluff, that is not happening. but they have to also look, this is not just urban combat, gaza has been hollowed out underneath. there are tunnels all over the place between buildings, so as a conventional force advances the bad guys drop down, run through the tunnels and c
there's been a peace treaty between israel and egypt. now the nooyi egyptian leader, he's muslim brotherhood. guest what, his cousins are muslim brotherhood hamas. he has a very narrow line to walk. on the one hand if he looks like he's supporting the muslim brotherhood, hamas going up against israel he has to face the wrath of the united states and the pocketbook of the united states. if he doesn't look like he's supporting them he has his own islamist factions inside egypt who will say who...
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it's going great in egypt, right, bob? great in egypt. >> bob: you have no evidence they ginned that up. ridiculous. >> eric: night of the attack i went to youtube to check it out. there were 3,000 views of that. there were more people protesting than who had seen the video at that point. >> bob: but it was broadcast -- >> dana: blame for the speech -- when you are a cabinet level officer -- you know, the other thing they said is that ambassador rice didn't have anything to do with benghazi. then why send her out to all the talk shows if she is going to be completely divorced from it? what were -- none of this make sense. believe me, when you have a breaking news event, you put the person who is most responsible and most knowledgeable on tv. it notice that none of the men stuck up for her. where is clapper? donilon? they let her, let her blame the video and they ruined her reputation. it blame the men. >> bob: they hung her out to try because nobody else would do it. hillary clinton wouldn't do it after colin powell's expe
it's going great in egypt, right, bob? great in egypt. >> bob: you have no evidence they ginned that up. ridiculous. >> eric: night of the attack i went to youtube to check it out. there were 3,000 views of that. there were more people protesting than who had seen the video at that point. >> bob: but it was broadcast -- >> dana: blame for the speech -- when you are a cabinet level officer -- you know, the other thing they said is that ambassador rice didn't have anything...
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let's concentrate on egypt for a moment here. we have guinea egypt over the years under different leadership billions of dollars of aid. what can we reasonably expect under this new leadership considering our past relationship in. >> this is the very first test of that. that aid was based on this idea we had shared interest, we were working together on stability and commerce in the region and so forth. the new leadership those interests haven't changed for egypt. the tame terrorist groups that target israel target egypt. you see this sharp rhetoric out of the president of egypt and the president of turk kaj and so forth. i think what president obama will want is for the president of egypt to act on the basis of his interest and not his ideology. jenna: jenna: are we clear enough, michael about our interests, about our ideology as the united states right now in that region or otherwise? >> it's a great question and i think that other parties in this region are waiting to see what we do as well. we'll have to play a strong and ener
let's concentrate on egypt for a moment here. we have guinea egypt over the years under different leadership billions of dollars of aid. what can we reasonably expect under this new leadership considering our past relationship in. >> this is the very first test of that. that aid was based on this idea we had shared interest, we were working together on stability and commerce in the region and so forth. the new leadership those interests haven't changed for egypt. the tame terrorist groups...
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a lot of the coverage is about egypt and camp david and we spoke about that last week. that is a major, major factor but the other thing and this is often not very visible to americans, turkey has had a major shift from being pro eastern to pro eastern. their government is not particularly radical but in terms of relations with israel they are 180 degrees from historically. >>shepard: palestinian citizens, people would live on that, in the gaza strip, and their children, are dying in the middle of this and the israelis say, you elected what mass and the fact all of them did not elect hamas but there are points to be made from both sides. if israel loses the support of most of that part of the world and goes if there in the ground affair we could have a whole new geopolitical world setting up here. >>guest: you are absolutely right and unfortunately that is where we are headed. it is a very, very difficulty world being on this side of the atlantic ocean, a very different picture, almost like we live in parallel universes, the perception of what is happening and who is re
a lot of the coverage is about egypt and camp david and we spoke about that last week. that is a major, major factor but the other thing and this is often not very visible to americans, turkey has had a major shift from being pro eastern to pro eastern. their government is not particularly radical but in terms of relations with israel they are 180 degrees from historically. >>shepard: palestinian citizens, people would live on that, in the gaza strip, and their children, are dying in the...
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>> egypt is obviously in the spotlight. we don't really know exactly what the goals are for egypt. it's muddled. since taking power, the brotherhood decided to step back, you know, from the priest statements of strong support for hamas. it looks like hamas is in a better position. as steve points out. as a result of the arab spring, israelis are more vulnerable than they were a year ago. i think it is up to president obama to back up statements with serious reengaging with turkey and egypt right now. they might be having the talks but until the u.s. gets involved, i think there is not a likelihood of cease-fire. if there is one, it just seems in the absence of a political resolution, which seems hopeless at this point, it seems like it will be temporary. it won't be durable one. >> shannon: charles, talk about turkey. today, the prime minister there referred to israel as a terrorist state. that raised hackles here in washington and elsewhere. what do you make of it? >> it's win of the reason -- one of the reasons that hamas started this in the first place. they did with a barrage o
>> egypt is obviously in the spotlight. we don't really know exactly what the goals are for egypt. it's muddled. since taking power, the brotherhood decided to step back, you know, from the priest statements of strong support for hamas. it looks like hamas is in a better position. as steve points out. as a result of the arab spring, israelis are more vulnerable than they were a year ago. i think it is up to president obama to back up statements with serious reengaging with turkey and...
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egypt's prime minister says a cease fire deal could be close. the situation in israel suggests otherwise, though. this school rocked by a rocket. luckily no children were in the school at the time or hurt. at least 25 rockets have already hit israel today, forcing israel to step up its offensive. that right there is video of an israeli air strike target ago hamas compound. they hit 80 targets in gaza overnight. >>> the f.b.i. and nypd are hunting for a serial killer on the loose in new york city today. the suspect wanted for at least three murders in the past four months. detectives are looking into several motives, but say the man has a fascination with numerology, they believe. the address for each crime scene includes the number 8, thanks to surveillance video, police want to question four people who might know more information. >>> there is new video of that fatal oil rig explosion in the gulf of mexico. >> holy (bleep) look at that! >> alisyn: a tv crew was filming a fishing show and they captured the explosion on camera. the oil company is
egypt's prime minister says a cease fire deal could be close. the situation in israel suggests otherwise, though. this school rocked by a rocket. luckily no children were in the school at the time or hurt. at least 25 rockets have already hit israel today, forcing israel to step up its offensive. that right there is video of an israeli air strike target ago hamas compound. they hit 80 targets in gaza overnight. >>> the f.b.i. and nypd are hunting for a serial killer on the loose in new...
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egypt no longer run by pro-american dictator and run by leaders of the president brotherhood. should president obama put pressure on the egyptian government. threatening to cut off aid to get them to stop firing rockets? >> they should exert any pressure they can to make sure it doesn't escalate. to a full blown war between the palestinians and the israelis. you know, whatever that takes. now the problem the israelis have is that the rockets are being fired on them from places that they can't reach by flying over in the air. putting them in cool yards where they are surrounded by school children. firing from marketplaces. that are crowded with people. israel has a right to protect itself. sending ground troops in, is the only way they can clean out the nests of the rockets fired at them. you can't blame them for doing it. >> chris: all right. turn to benghazi. both of you held closed door hearings this week with top administration officials. and david petraeus, reportedly said in the closed door hearings that while he always believed that terrorists were behind the attack, tha
egypt no longer run by pro-american dictator and run by leaders of the president brotherhood. should president obama put pressure on the egyptian government. threatening to cut off aid to get them to stop firing rockets? >> they should exert any pressure they can to make sure it doesn't escalate. to a full blown war between the palestinians and the israelis. you know, whatever that takes. now the problem the israelis have is that the rockets are being fired on them from places that they...
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. >> egypt has a lot of natural gas. that is really a attracting some investors to the country including this german engineering firm that runs several chemical factories in egypt. bmw also runs a production facility just outside of cairo. overall, german industries have been relatively modest that just 470 million euro per year. countries like china and turkey have a much stronger presence. >> the size of the german economy and the importance of the egyptian markets and tail that we have to work harder to increase the amount. 600 is important, but we would like to see more german investment in supporting egypt's, invest in supporting democracy. >> political events have been featured at the root conference, not only the arabs bring an opportunity in the region but also the current escalation of the israeli-palestinian conflict. it could complicate german- egyptian cooperation. what's the question as to what extent germany and the european union cannot, or want, to get involved in this conflict. it's interesting and the a
. >> egypt has a lot of natural gas. that is really a attracting some investors to the country including this german engineering firm that runs several chemical factories in egypt. bmw also runs a production facility just outside of cairo. overall, german industries have been relatively modest that just 470 million euro per year. countries like china and turkey have a much stronger presence. >> the size of the german economy and the importance of the egyptian markets and tail that...
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key player is egypt. the country has a peace treaty with israel and is in position to exercise influence on hamas. last year's political revolution in egypt has created a new set of dynamics in the middle east. the former president hosni mubarak prioritized relations with the united states and israel. he regarded islamic forces as a threat. but current president mohamed morsi, who took office earlier this year, is more sympathetic to hamas and the palestinians. morsi formerly belonged to muslim brotherhood, and hamas is an offshoot of that organization. >> are negotiations happening behind the scenes as we speak? >> hamas leaders and the israeli envoy are set to be in cairo having indirect talks through egyptian negotiator. israel wants no determination in its time with egypt. u.n. secretary-general ban ki-moon is scheduled to travel to cairo soon. and arab league secretary-general al arabi is set to go to gaza on tuesday. their mediation efforts are likely to have an impact on whether the fighting betwee
key player is egypt. the country has a peace treaty with israel and is in position to exercise influence on hamas. last year's political revolution in egypt has created a new set of dynamics in the middle east. the former president hosni mubarak prioritized relations with the united states and israel. he regarded islamic forces as a threat. but current president mohamed morsi, who took office earlier this year, is more sympathetic to hamas and the palestinians. morsi formerly belonged to muslim...
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or will frantic, behind-the-scenes negotiations, talks in neighboring egypt, help bring an 11th-hour truce? on the ground, the casualties are mounting tonight. in gaza, women, children among the dead as the israelis were trying to target the home of a key militant. many others were hit by that missile. meanwhile, in israel, as families rush to shelters, holes where the hamas rockets have landed. and these images tonight. israel blocking some of those incoming rockets aimed for its most populated cities, knocked down from the sky. part of the so-called iron dome. president obama tonight vowing support, saying israel has a right to defend itself, while at the same time, saying a ramp up in military activity in gaza, a ground war, would be bad for both sides. we have a team in the region covering the middle east on the brink tonight. abc's christiane amanpour and matt gutman in israel. we begin tonight with alex marquardt in gaza city. alex? >> reporter: good evening, david. this was the deadliest day in gaza since this escalation began. in one incident, 11 people were killed, almost al
or will frantic, behind-the-scenes negotiations, talks in neighboring egypt, help bring an 11th-hour truce? on the ground, the casualties are mounting tonight. in gaza, women, children among the dead as the israelis were trying to target the home of a key militant. many others were hit by that missile. meanwhile, in israel, as families rush to shelters, holes where the hamas rockets have landed. and these images tonight. israel blocking some of those incoming rockets aimed for its most...
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. >> reporter: pressure for cease-fire is growing, negotiations going on now egypt. the u.n. secretary of general moon arrived there today. at the same time israel's prime minister netanyahu says he's prepared to expand the operation. his chief of staff has ordered troops to step up the pace of the raids in gaza. israel has launched more than 1,000 missiles, killing at least 84 palestinians. israel has massed armor and troops on the border. president obama is urging israel not to launch a ground war. tony blair and israeli president peres have met and speaking out. >> i hope over the coming days we can achieve cessation on a basis that is sustainable. >> our goals are clear to stop the fire and to introduce a deterrent against renewal of. >> reporter: stop the fire and introduce a deterrent against it. hamas continues to fire rockets into israel 1,000 total, nearly 300 intercepted. three israeli civilians have been killed, more than 60 injured. israel has opened a crossing allowing several trucks with medical supplies to enter. gaza hospitals are running low. katie marzullo,
. >> reporter: pressure for cease-fire is growing, negotiations going on now egypt. the u.n. secretary of general moon arrived there today. at the same time israel's prime minister netanyahu says he's prepared to expand the operation. his chief of staff has ordered troops to step up the pace of the raids in gaza. israel has launched more than 1,000 missiles, killing at least 84 palestinians. israel has massed armor and troops on the border. president obama is urging israel not to launch a...
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. >>> in cairo, the new head of egypt's christian church was installed during a four hour ceremony. the installation of the coptics pope took about two hours. >>> in australian, two hours take a look an amateur photographer captured these images of a very large waterspout. while the spout did not cause any damage. as you see here severe thunderstorms in the area brought lightning and hail damaging home there is on the shore. >>> president obama is making history during his tour of asian with a controversial visit of myanmar. this is the first time a u.s. president has gone to myanmar. he explained he wants to encourage democracy in what was a regime. >> this is an acknowledgment that there's a process under way in that country that even a year and half, two years ago nobody forsought. >> president obama will meet with chi. >>> we want to take you back now to burma this is in yangon myanmar. president obama is expected to enter that building any home. they gather there as he makes his historic visit in that country. >>> in tonight's special report we take a closer look at this contro
. >>> in cairo, the new head of egypt's christian church was installed during a four hour ceremony. the installation of the coptics pope took about two hours. >>> in australian, two hours take a look an amateur photographer captured these images of a very large waterspout. while the spout did not cause any damage. as you see here severe thunderstorms in the area brought lightning and hail damaging home there is on the shore. >>> president obama is making history...
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egypt. this is a real problem for egypt. you have a new government there that needs money from the united states. they don't want to be caught in a struggle between israel and the palestinians. for iran, this is a godsend. it takes world attention off their nuclear program and puts pressure on all the more moderate forces in the arab world, puts them at the head. and lastly, syria, couldn't be a better day for bashar al assad. takes all the attention officer ya. no one is looking at the murderous campaign of assad against his own people. >> andrea mitchell, the diplomacy for president obama about to start a second term with all of the problems in the middle east. he's in bangkok this morning. he talked about his support for israel. >> there's no country on earth that would tolerate missiles raining down on its citizens from outside its borders. so we are fully supportive of israel's right to defend itself from missiles landing on people's homes. and workplaces and potentially killing civilians. and we will continue to suppor
egypt. this is a real problem for egypt. you have a new government there that needs money from the united states. they don't want to be caught in a struggle between israel and the palestinians. for iran, this is a godsend. it takes world attention off their nuclear program and puts pressure on all the more moderate forces in the arab world, puts them at the head. and lastly, syria, couldn't be a better day for bashar al assad. takes all the attention officer ya. no one is looking at the...
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. >>> and now but turn to the middle east with talks scheduled in egypt on a possible cease fire. but hamas militants in gaza are still firing rockets into israel, and the palestinian death toll from israeli attacks increases. nbc's stephanie gosk is live this morning in tel aviv for us. stephanie, what can you tell us? >> good morning, veronica. the violence has been intense over the last 24 hours. no sign of it letting up, even as those talks are on going in cairo. so far today, 40 rockets have been launched out of gaza into israel. 33 have fallen. there are no injuries even though two of the rockets, one hit a school and one hit a house, damaging it significantly. the same can't be said on the gaza side. you know, this effort began with the israeli defense forces hitting things like storage facilities and rocket launchers. they've expanded that operation to include the homes of hamas leaders. that has led to a number of civilian casualties, both today and the worst attack on sunday that killed 12 people in one building, a two-story building. ten people from the same family. her
. >>> and now but turn to the middle east with talks scheduled in egypt on a possible cease fire. but hamas militants in gaza are still firing rockets into israel, and the palestinian death toll from israeli attacks increases. nbc's stephanie gosk is live this morning in tel aviv for us. stephanie, what can you tell us? >> good morning, veronica. the violence has been intense over the last 24 hours. no sign of it letting up, even as those talks are on going in cairo. so far...
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president obama has been on the phone with the prime ministers of israel and turkey, with the president of egypt, trying to work out a solution. tracie potts, nbc news, washington. >>> 4:37. new this morning, president obama is on his first post-election trip abroad visiting southeast asia. the president and hillary clinton stopped in myanmar, also known as berma, early this morning. they met with an activist at her home where she spent several years under house arrest. during the visit, they discussed myanmar's efforts to establish a democratic government. >> the friendship between our two countries is of long standing. the united states has been in support of the democracy movement in berma and we are confident this support continues through the difficult years that lie ahead. >> after visiting myanmar, president obama flew to cambodia. the trip makes him the first sitting u.s. president to visit the two countries. >> it will be very interesting watching that one unfold. >> that's right. >> 4:38. christina loren is back with us to tell us what it looks like outside. >> we look pretty good, goo
president obama has been on the phone with the prime ministers of israel and turkey, with the president of egypt, trying to work out a solution. tracie potts, nbc news, washington. >>> 4:37. new this morning, president obama is on his first post-election trip abroad visiting southeast asia. the president and hillary clinton stopped in myanmar, also known as berma, early this morning. they met with an activist at her home where she spent several years under house arrest. during the...
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egypt is involved. they are trying to negotiate some sort of truce between the two and they have laid out some parameters, although we have no word yet that those have been accepted. president obama, who has been traveling in southeast asia, has been trying to stay on top of this by phone. he's been talking with egypt's president, turkey's prime minister, israel's prime minister. he said over the weekend that we've got to back israel's right to defend itself, that the only way this is going to stop is for those rockets believed to be launched from hamas, at least from hamas strong holds, to stop coming into israel from gaza. that's where things stand right now. still quite a volatile situation this morning. >> tracie potts, thank you very much from washington, d.c. >>> also new this morning, president obama is on his first post-election trip abroad today visiting southeast asia. the president and secretary of state hillary clinton snaupd me an -- stopped in myanmar early this morning. they met with an a
egypt is involved. they are trying to negotiate some sort of truce between the two and they have laid out some parameters, although we have no word yet that those have been accepted. president obama, who has been traveling in southeast asia, has been trying to stay on top of this by phone. he's been talking with egypt's president, turkey's prime minister, israel's prime minister. he said over the weekend that we've got to back israel's right to defend itself, that the only way this is going to...
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egypt a key player with these negotiations because they tend to negotiate with both hamas and israel. turkey has the ear of both sides and so they're involved in this as well. the president has been on the horn while he's traveling in southeast asia with turkey's prime minister, with egypt's president, with israel's prime minister. and so it is certainly possible, yes, because even though we're seeing the violence escalate, there is a lot of pressure from a number of different nations not to turn this into an all-out ground war. >> ever changing as we continue to take a live look at the pictures from gaza. thank you very much. >>> also new this morning, president obama making a landmark visit to myanmar during a trip to asia. the president now the very first sitting u.s. president to visit myanmar, also known as burma. this is a country struggling with democracy after 49 years of military rule. during a speech the president offering encouragement to the country as it transitions to democracy saying, quote, the united states of america is with you. >> this nation that's been so isolate
egypt a key player with these negotiations because they tend to negotiate with both hamas and israel. turkey has the ear of both sides and so they're involved in this as well. the president has been on the horn while he's traveling in southeast asia with turkey's prime minister, with egypt's president, with israel's prime minister. and so it is certainly possible, yes, because even though we're seeing the violence escalate, there is a lot of pressure from a number of different nations not to...
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and they have been very clear that egypt has a relationship, they have the credibility and influence in the region to push hamas to stop the attacks. now, there is also a fair amount of funding being held up in washington right now that the egyptians need very immediately. remember, they weren't just one of the top recipients of foreign aid. they have a funding crisis. they have literally been to the point where they have had problems paying bills. so there is some immediate leverage to gets them to act immediately. whether that ends up being effective or not is another question. >> schieffer: well, do we think the administration-- obviously, i would guess they're advising the israelis not to invade. but what beyond that are they trying to do? is this an opening to start a-- the peace process to get it started again, david? >> bob, if-- if-- if mursi, and turkey, the key players, in working toward a cease-fire, we're likely to have a cease-fire. we'll either have a cease-fire or israeli invasion. if there is a cease-fire that is the kind of thing that can be a building block. if you
and they have been very clear that egypt has a relationship, they have the credibility and influence in the region to push hamas to stop the attacks. now, there is also a fair amount of funding being held up in washington right now that the egyptians need very immediately. remember, they weren't just one of the top recipients of foreign aid. they have a funding crisis. they have literally been to the point where they have had problems paying bills. so there is some immediate leverage to gets...